Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Y=-4x because all you have to do is move the variable to the right by adding its opposite to both sides. So 4x+y-4x=0-4x. Then eliminate the opposites y=0-4x
Your welcome
Answer:
$324.35
Step-by-step explanation:
249.50x74.80=74.85. markup=add, 74.85+249.50=324.35
Surface area = 2(ab+bc+ac)
a=5.2 ft, b=2.4 ft, c=3.5ft
Surface area = 2(5.2 * 2.4 + 2.4 * 3.5 + 3.5 * 5.2) =
2(12.48 + 8.4 + 18.2) =
2 * 39.08 =
78.16 ≈ 78.2 ft² ← <span>to the nearest tenth</span>